The mortgage.
this post was submitted on 20 Aug 2023
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Yep. Totally insidious. Everyone accepts it like fish in water. But the banks don't own the money they are lending into existence it's created out of this air. If a bank has 1 dollar savings they can leverage that to create 30 dollars for a mortgage. As in almost no minimum liquidity reservation requirement.
It artificial drives up the cost of housing. It consolidates wealth upward and it should be illegal.
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Battle passes and most microtransactions in games. Day one patches, and GaaS games, always online games and expiring media licenses. VAC bans on Steam.
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So much shit around bicycles is a scam because barring some major inventions like shocks for mountainbikes or maybe carbon frames it's very much a solved problem, but it doesn't fit into a capitalist economy if everybody just buys one bicycle and then occasionally parts for it to fix it.
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Credit cards and everything to do with the debt trap.